 Business and Society: Corporate Strategy, Public Policy, Ethics, 10/e James Post,
Boston University
Anne T Lawrence,
San Jose State University
James Weber,
Duquesne University
Business and Public Policy
Chapter ObjectivesBusiness decision making and political decision making are closely connected. Business decisions affect politics; political decisions affect business. Government actions are an expression of a nation's public policy and shape the business environment in important ways. Some public policy decisions affect entire industries or specific firms. Managers must understand how the public policy process functions in every nation in which their company operates and be prepared to participate in that process in an ethical and legal manner. This chapter focuses on these key questions and objectives:
1What are the key elements of the public policy process? |
 | | | 2What major areas of economic policy affect business in every nation? |
| | | 3How do social welfare policies affect business? |
| | | 4What are the major forms of government regulation of business? |
| | | 5What factors drive the growth of regulation? What drives the growth of deregulation? |
| | | 6Why is international regulation emerging? How does it work? |
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2002 McGraw-Hill Higher Education